Playtech has had a strong start in 2025, with performance from January to April meeting expectations, marking significant progress in its strategic transformation towards a B2B business model.
The company has confirmed the completion of the sale of Snaitech to Flutter Entertainment for 2.3 billion euros, and will return approximately 1.8 billion euros to shareholders through a special dividend to be distributed on June 12.
In its core business, Playtech's live entertainment venues and SaaS solutions have performed particularly well, with the U.S. market serving as a key growth engine. The ongoing partnership with strategic partner Caliplay continues to generate stable revenues—despite no longer charging B2B service fees since March 31, the 30.8% stake held by the company ensures long-term dividend income.
Despite short-term challenges such as regulatory transformation in Brazil and VAT adjustments in Colombia, Playtech remains optimistic about the long-term potential of the Latin American market.
The company also announced the early redemption of 150 million euros of senior secured notes due in 2026 and continues to advance the sale of the German HappyBet business.
In terms of leadership, John Gleasure succeeded Brian Mattingley as chairman at the annual shareholders' meeting. Recent expansions into the Ontario market in Canada through Eyecon and SkillOnNet, and the launch of over 120 bingo sites in the UK through ProgressPlay, further expand the company's global footprint.
This series of strategic moves highlights Playtech's firm determination to optimize asset structure and strengthen its core B2B business.
